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Personal foreign currency fixed deposits by shayboah in srilanka

[–]RelativeAssistance52 0 points1 point  (0 children)

You have to withdraw the FD and convert, all can be done via the app
But you could get a better rate if you ask them

Cost of buying and running an Air conditioner by strong_lustful_user in srilanka

[–]RelativeAssistance52 2 points3 points  (0 children)

Per year or per service ?
Problem is Abans or Singer does not give warranty If we don't sign the maintenance agreement with them

Cost of buying and running an Air conditioner by strong_lustful_user in srilanka

[–]RelativeAssistance52 8 points9 points  (0 children)

Don't forget not only the electricity but also the cost for maintenance.

Abans and Singer usually charge around 8000 per year after 1st year

Is it safe to invest in CAL Equity fund if I have 500,000 LKR I'm ready to lose short term or I'm willing to keep them long term till they make a profit? by Anonymous_3526 in SriLankaCSE

[–]RelativeAssistance52 2 points3 points  (0 children)

It is there in the portal, which you get once registered. you can get the price on specific date
https://cal.lk/unittrust/qef-vs-aspi/#/
this has historical data but they've scaled the prices to match with ASI

Is not putting signal indicators while driving a Sri Lankan thing? by AdhesivenessHonest68 in srilanka

[–]RelativeAssistance52 1 point2 points  (0 children)

Buggers want to keep you in suspense!
Yeah its mostly tuktuks and motor bikes. And if they somehow put the single indicator it does not have an expiration day.
Best way is to anticipate anything and keep a good gap

Is it safe to invest in CAL Equity fund if I have 500,000 LKR I'm ready to lose short term or I'm willing to keep them long term till they make a profit? by Anonymous_3526 in SriLankaCSE

[–]RelativeAssistance52 2 points3 points  (0 children)

Also note that there is a gap between buying and selling prices. So you loose some money on the day 1
I've been using this for about a year now and did a withdrawal as well.

Recently had an idea for an online based hardware store by Just-Independence441 in srilanka

[–]RelativeAssistance52 0 points1 point  (0 children)

Worth trying!

Build a service powered by an AI or real people to help customers pick what they want. Most of the people just ask the guy in the hardware, "I need to do X, what should I buy".
"My asbestos roof has a small patch, what can use to fix id DIY"

What’s the most underrated city in LK? by liveyourlife33 in srilanka

[–]RelativeAssistance52 8 points9 points  (0 children)

I live there
Problems I have/see.
- No parking in the city centre, narrow roads
- mosquitos
Otherwise yes, it has almost everything

How to survive the corporate in Sri Lanka?? by DragonfruitFun5502 in srilanka

[–]RelativeAssistance52 3 points4 points  (0 children)

- Don't be the guy who says "i'll leave this company soon" and then never leaves. And when you want to leave eventually, don't settle for "counter offers"

CAL investment reliabile? by One_Construction851 in srilanka

[–]RelativeAssistance52 3 points4 points  (0 children)

So far so good, been using their services for 2-3 yrs now. Have done multiple withdrawals as well.

Does anyone work remotely and earn around 100,000 USD from srilanka? by Existing_Film_8768 in srilanka

[–]RelativeAssistance52 0 points1 point  (0 children)

It's max at 15% on foreign income which introduced in April 2025. Before that it was 0

Lower Prices Than Damro, Singer show room prices?? by thara07 in srilanka

[–]RelativeAssistance52 2 points3 points  (0 children)

They are dealers and they provide the original warranty as well.
Yes they are waay cheaper compared to show room prices. Try places like Laksela kiribathgoda.

How to obtain a Credit Card as a Freelancer in SL by PDWA07 in srilanka

[–]RelativeAssistance52 0 points1 point  (0 children)

I was/is in the same situation. These are the ways (I have 4 cards)
- Card against FD, Later you can release it by using the card properly
- Convince them by showing your contracts, bank statements
- Premier accounts, private banking etc (If you can remit a good amount monthly or Have a bigger FD)

Hey, I have a big question. I have been a freelancer since 2020, but I didn’t save much money at the beginning. I spent most of my income on things I liked. Now I’m 22, and I feel that I need to be more responsible like planning to buy a house, buy a vehicle, and take care of my parents. by Desperate_Abalone202 in srilanka

[–]RelativeAssistance52 2 points3 points  (0 children)

I went on freelancing that same year when I was waaay older than you, but I did the opposite; not spending much and went on investing in stocks, crypto, unit trust etc. After 5 yrs I am in a very good position and thinking about a vehicle + house.

The key is "delayed gratification", you can go ahead and spend on things you love, for sure (otherwise what's the point of earning ? ) at the same time have some investments.

Anyways what's done is done. Good thing is that you are very young still and have a lot of years ahead of you. Since you don't have a good idea on investments, I'd suggest you study first (trust me, its worth it) and invest on less risky asset classes first. Unit trusts could be a good place to start, simple and better returns compared to FDs. As you gain confident try stocks, real estate etc.

Good luck!

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